Financial Management Systems Framework
The Chief Financial Officers Act assigns responsibilities for planning, developing, maintaining, and integrating financial management systems within federal agencies. As depicted on the Financial Management Systems Framework chart below, GSA currently maintains a core accounting system, Pegasys; E-Payroll applications; portions of its legacy core accounting system, National Electronic and Accounting Reporting (NEAR); and general support systems which operate on a variety of hosting platforms to support various feeder applications. In FY 2012, GSA continued its progress in financial systems modernization and improvement in support of this financial management systems framework. To achieve its strategic goals GSA will continue efforts to:
- Retire NEAR by transferring billing and accounts receivable and other remaining functionality to Pegasys;
- Implement subsequent phases of the Common Government-wide Accounting Classification structure; and
- Streamline, consolidate, and modernize financially-oriented general support systems. These strategies support GSA financial management system goals of reducing financial system operating and maintenance costs, and enhancing compliance and IT security controls.
Financial Management System Framework